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Lloyds Bank Daily Payment limits £99,999 ?

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  • soulsaver
    soulsaver Posts: 6,607 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The other thing that isn't immediately clear is whether those limits are per account or per per customer?
    I don't remember whether I did the same with Lloyds, but I know have moved funds between my (several) Halifax accounts to transfer funds out well above the then published 'daily limit'. 

  • soulsaver said:
    The other thing that isn't immediately clear is whether those limits are per account or per per customer?
    I don't remember whether I did the same with Lloyds, but I know have moved funds between my (several) Halifax accounts to transfer funds out well above the then published 'daily limit'. 

    I contacted them and they confirmed the £100k (Well £99,999) limit is per account per day, internal transfers between your own Lloyds accounts have no limits and don't count towards the £100k Daily limit, so you could transfer out £100k to 1 Payee, or £10k each to 10 Payees, or any combination really as long as you didn't exceed £99.999 per day. 
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